B2B Influencer Marketing
The Value of Influence: Mass vs. Mastery|
2nd B2B Connect Research Symposium
EMAC Annual Conference, May 2025
Working Group III: B2B Influencer Marketing
Thought Leader:
Raji Srinivasan, University of Texas at Austin
Panelists:
Ezgi Akpinar, Sabancı University
Tuba Yılmaz, BI Norwegian Business School
Aditya Gupta, Texas State University
Rupinder Jindal, University of Washington
Stanley Wang, Emory University
Outline
The Power of Influencer Marketing is Growing
Influencer marketing market size worldwide from 2015 to 2025
(in billion U.S. dollars)
Share of marketing budgets spent on influencer marketing according to marketers and industry leaders worldwide as of January 2025
B2B Influencer Marketing
Why B2B Companies Shy Away
Because it feels like a B2C thing.
Not the Usual Vibe
Not associated with cybersecurity tools,
analytics dashboards, or developer platforms.
Many B2B brands hesitate because:
1
They think there's no such thing as a B2B influencer.
(Spoiler: There are. They're called thought leaders.)
2
They can't measure ROI the same way.
True, but would you ignore PR just because it's hard to track?
3
They're scared of being seen as 'too casual’.
Why B2B should care about influencer marketing?
The digital-first transformation in B2B marketing
https://profiletree.com/thriving-b2b-digital-marketing-agency-latest-news-key-stats-strategic-guide-2025/
Humanizing B2B brands has become more important than ever
1
The Age of AI Transformation
Challenges for B2B marketers in positioning brands in an AI-driven world.
2
Humanizing B2B Brands
The value of human touch in B2B brand interactions.
3
Building Credibility and Trust
Standing out with credibility and creating meaningful content experiences.
4
Authenticity and Influence
Partnering with relevant voices for authenticity and influence with buyers.
Where does B2B Influencer marketing stand?
1
2
3
4
The Relevance of B2B Influencer Marketing is Increasing
Heightened by contemporary B2B buying behavior, where buyers rely on independent online research and trust content from experts and peers.
Transfer of Knowledge from Consumer to B2B Contexts
Current influencer marketing practices are not directly transferable from consumer contexts to B2B contexts.
Planned Adoption of Influencer Marketing
53% of B2B CMOs planning to use influencer marketing.
Budget Constraints
27% of B2B CMOs not using influencer marketing cite budget constraints as a reason.
What is an "influencer"?
1
Historical Context
We've always had influencers - they just weren't called that.
2
Traditional Definition
Merriam-Webster Dictionary (2022): It is a person who generates interest in something and inspires
or guides the actions of others. → anyone can be an influencer.
3
Modern Interpretation
”Influencer" often means someone (according to Robert Kozinets in "Influencers and Creators"):
4
The big shift:
Influence used to be quiet and personal.
Now it’s visible, scalable, and often tied to social media platforms.
What is influencer marketing?
"Online influencer marketing (OIM) is a strategy in which a firm selects and incentivizes online influencers to engage their followers on social media in an attempt to leverage these influencers' unique resources to promote the firm's offerings, with the ultimate goal of enhancing firm performance." (Leung, Gu, Li, Zhang, and Palmatier 2022, p.228)
"A tactic in which companies pay people (influencers), financially or in-kind, to produce on behalf of the brands and influence consumers' preferences and purchase decisions." (Karagür, Becker, Klein, & Edeling, 2022, p. 1)
It is conducted via a specific individual (influencer), rather than a faceless organization or brand (key difference from other marketing communications).
It's a value exchange: incentives for influence
Influence is catalyzed on social media.
Do we need a new definition for B2B influencer marketing?
B2C
Demands trendsetters and tastemakers
B2B
Requires credible expertise rooted in proven experience
Blurring Lines & Convergence
Some B2B influencers adopt engaging consumer-style formats. Some B2C influencers position themselves as experts
Source of Influence | B2B Influencer Marketing | B2C Influencer Marketing |
Audience Size | | |
Authenticity | | |
Inspirational Value | | |
Trustworthiness | | |
Expertise | | |
Social Currency | | |
Parasocial Interaction | | |
Authority | | |
Homophily | | |
Entertainment Value | | |
What does a B2B influencer look like?
With often established audiences and followers, they exert influence across diverse channels—ranging from broad social media presence and thought leadership events to direct meetings and industry forums.
Internal influencers
Firm
Firm-affiliated influencers
External influencers
Employee advocates/ Knowledgeable employee
Distinguished customers
Thought leaders/Industry experts/Subject matter experts
Executive influencers
Taxanomy of B2B Influencers
Content creators
Employee advocates/Knowledgeable employees
Cisco trains its employees to be influencers
Lufthansa Group organizes corporate influencer training
Lara Sophie Bothur from Deloitte: One of the first full-time corporate influencers and a top LinkedIn creator (~337K followers), and shares tech news with Deloitte branding all over
Internal executives
Distinguished customers/Prospective customers
Cisco Champion Public Community
Cisco Insider Champion profile
Cisco Champion member tweet
Cisco Champions 2025 announcement
Industry experts (Expert influencers)/ Thought leaders
Sheri Hinish ("SupplyChainQueen")
Content creators
Tony Zhu (Light Boxes): Two Instagram accounts with 339K and 538K followers. Creates humorous videos that generate 1 inquiry per 1,000 views and a 3–10% conversion rate.
"Corporate Bro" (716K): Satirical Instagram influencer uses humor to engage audiences. Paid Partnership with Salesforce (255K), Lenovo, Slack, bravado sales
https://www.toprankmarketing.com/wp-content/uploads/2025/01/Influencer-Marketing-Report-2025-2.pdf
Key challenges in B2B influencer marketing
Key challenges in B2B influencer marketing: Finding the ideal match
Influencer programs should align
influencer’s strengths
with
firm objectives – based on the stage of the customer journey they aim to influence
| Size and engagement of audience |
| Subject-matter knowledge & relevance |
| Perceived authority or respect in the industry |
| Charisma, likability, relatability |
REAS Framework
These are the core traits that determine how & where an influencer adds value:
REAS Framework
| Awareness | Consideration | Decision | Post-purchase |
REACH | | | | |
EXPERTISE | | | | |
AUTHORITY | | | | |
SOCIAL APPEAL | | | | |
Applying REAS Framework: Chevron Lubricants
Objective:
Reposition engine oil from a price-driven purchase to a strategic decision.
Challenge:
Communicate complex technical information to capture attention and educate skeptical technical audience (maintenance professionals and decision-makers)
Solution:
Partnered with Bryan Furnace – a former heavy equipment operator and respected industry voice, known for the Diesel & Iron YouTube channel (63K+ subscribers) and host of The Dirt (38K+ subscribers).
Applying REAS Framework: Chevron Lubricants
Technical content was explained through storytelling, relatable explanations, roundtable discussions with Chevron engineers, and on-site footage from Chevron’s research labs.
Content was distributed on industry-relevant channels, company website and socials.
“We knew the information we had to share was complex. So, we took an experienced, industry influencer and sat him down with our experts to unpack the stories in a way that our audience could relate to and clearly understand.”
Walt M. Collier, Americas Brand Manager for Delo engine oils and ancillary products
Applying REAS Framework: Chevron Lubricants
Results:
“The social content resonated extremely well with our target audiences and has consistently been Chevron Lubricant’s top-performing content since launch.”
2025 B2BMX Killer Content Award for Best Influencer Marketing
Applying REAS Framework: Chevron Lubricants
https://www.toprankmarketing.com/wp-content/uploads/2025/01/Influencer-Marketing-Report-2025-2.pdf
Key challenges in B2B influencer marketing
B2C = Short, individual, transactional.
Key challenges in B2B influencer marketing: Measurement of performance
BRAND AWARENESS
GENERATING SALES
Ogilvy Report, 2025
B2B = Long, complex, team-based, relational
What to measure? (beyond vanity metrics)
Awareness |
|
Consideration |
|
Decision |
|
Post-purchase |
|
Future research agenda: B2B influencer marketing
1. Influence across the customer journey
2. Portfolio strategy
3. Measuring impact
4. Content evolution
Thank you!
2nd B2B Connect Research Symposium
EMAC Annual Conference, May 2025
Working Group III: B2B Influencer Marketing
Thought Leader:
Raji Srinivasan, University of Texas at Austin
Panelists:
Ezgi Akpinar, Sabancı University
Tuba Yılmaz, BI Norwegian Business School
Aditya Gupta, Texas State University
Rupinder Jindal, University of Washington
Stanley Wang, Emory University